William Blog

  Each lender and each loan program has different guidelines they must follow. You should not do anything that will have an adverse effect on your credit score while your loan is in process. We know it's tempting...If you're moving into a new home, you might be thinking about purchasing new appli...

You May Never Own A Home FOR YEARSWhether or not you've always had poor credit, or have just suffered from the recent mortgage crisis, this is a very real possibility for individuals. If you have low scores or problematic reports, lenders will either deny you flat out or penalize you with such ex...

The credit score system used today has evolved since the 1950s. It was originally designed to provide lenders with financial profiles on consumers who wished to borrow money. The lenders' biggest concern was whether or not an individual had the ability to repay a loan, and establish what percenta...

The subject of credit scoring has become an increasingly hot topic, and for good reason. For many years, the general public only associated the concept of credit scoring with the need to purchase high-ticket items such as a new car or a home. Today, credit scoring goes much further. Your credit s...

Clear example people don't know what they want. "people of wisconsin" voted for Gov. Scott Walker but find it hard to support him when he asks them to give up their collective bargaining rights.. campaign promises next time read the fine print. But somehow the focus is on the state senate democra...

On occasion, borrowers will not have enough credit references to obtain the loan they wish to secure. If this is the case for you, start by opening small lines of credit that report to all three major CRAs, and make purchases that can be paid off easily. If you do not already have a checking or s...

The credit scoring model seeks to quantify the likelihood of a consumer to pay off debt without being more than 90 days late at any time in the future. Credit scores have many different ranges, however, the score that is used by 90% of lenders and creditors in this country is the FICO score, and ...

  For decades, homeownership has benefitted families and communities all over America with greater stability, economic prosperity, safer neighborhoods, better educational opportunities, and even improved health. The recent increase in foreclosures threatens previous gains made in homeownership, a...

Many REALTORS are buyer specialists who focus on helping people successfully find and buy the homes they've always wanted. One benefit of using their services is that they hear about listings right when they come on the market - in fact, sometimes even before they're on the market. And that's jus...

Hello! I just wanted to let you know that we now have the capability of doing FHA down to a 500 mid score. Credit scores between 500 and 579 require a 10% down payment. Credit scores between 580 and 599 required 5% down payment. As usual credit scores 600 and above require 3.5% down payment. Go t...